scooby-doo BOJ JPY pairs trading robot | Page 114 | Forex Factory

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scooby-doo BOJ JPY pairs trading robot

  • #2,261
  • Nov 16, 2009 12:54pm Nov 16, 2009 12:54pm
ditto...
Vincit qui se vincit.
  • #2,262
  • Nov 16, 2009 12:55pm Nov 16, 2009 12:55pm
me too, on ATC demo.
  • #2,263
  • Nov 16, 2009 1:03pm Nov 16, 2009 1:03pm
Ditto
FXDD
  • #2,264
  • Edited 1:29pm Nov 16, 2009 1:17pm | Edited 1:29pm
USD will upset your trades.

Between 4.30pm GMT and 10.30pm GMT is considered a bad time to trade in the markets because US traders are basically in no man's land. London/Frankfurt are closed for the day and Asia is not open for sometime yet.

In my opinion the 24/5 robot should not look for trades during this time but again it is upto the individuals knowledge and experience.

Cheers

Scoobs.
  • #2,265
  • Nov 16, 2009 1:29pm Nov 16, 2009 1:29pm
In your august opinion, just what about Bernanke's statement caused this furious movement in USD?
Vincit qui se vincit.
  • #2,266
  • Nov 16, 2009 1:34pm Nov 16, 2009 1:34pm
Quoting Pippopotamus
In your august opinion, just what about Bernanke's statement caused this furious movement in USD?
He said that unemployment would remain painfully high for sometime to come. Never a good thing to say to the market if you want the USD to stop its current demise.
  • #2,267
  • Nov 16, 2009 1:37pm Nov 16, 2009 1:37pm
Thanks for the quick reply.
Vincit qui se vincit.
  • #2,268
  • Nov 16, 2009 1:46pm Nov 16, 2009 1:46pm
i have a buy basket also on fxcm demo opened 1 hour ago, it reached -185$ but now it is -95$, i wanted to reach stoploss so to test the stoploss function as steve said but it didn't...anyhow ea is working with no problems so far...

thnx steve
  • #2,269
  • Nov 16, 2009 1:51pm Nov 16, 2009 1:51pm
Currently testing the 24 hour version on alpari us. I keep getting invalid volume for aud/jpy when the basket opens, Any ideas what this could be?

Thanks
  • #2,270
  • Nov 16, 2009 1:52pm Nov 16, 2009 1:52pm
You may have to wait until Asia comes on-line and the BOJ intervene in its currency pairs for your current baskets to hit TP and close.

But, in the meantime you may hit your SL.
  • #2,271
  • Nov 16, 2009 1:55pm Nov 16, 2009 1:55pm
Quoting scooby-doo
USD will upset your trades.

Between 4.30pm GMT and 10.30pm GMT is considered a bad time to trade in the markets because US traders are basically in no man's land. London/Frankfurt are closed for the day and Asia is not open for sometime yet.

In my opinion the 24/5 robot should not look for trades during this time but again it is upto the individuals knowledge and experience.

Cheers

Scoobs.
Totally agree, in future I'll be switching off an hour before London close.

Dan
  • #2,272
  • Nov 16, 2009 1:55pm Nov 16, 2009 1:55pm
First I want to thank Steve and all the rest for the hard work that have been done. I might be over doing things here, but will have to wait until I get dad's funeral out of the way. I left home around 10 am, and just as a test, I tried all three of Steve's ea, the range, v2.5 at that moment it was the current version,and kg range. All using default settings and allowing the ea's to determine the lot sizes. I just got back and looked and here are the results.

Not sure if it is the broker or the settings, since all here have reported great results and Steve having trippled his account.
Again I wish all the best for the holiday and for all the hard work.

Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 98 KB


Vince
  • #2,273
  • Nov 16, 2009 1:55pm Nov 16, 2009 1:55pm
Steve and Scoobs - I hope you don't think I'm crazy for doing this but I'm writing a little Indicator to show the user what to set for their Buy and Sell Start hours. You could incorporate it into your EA if you want later.

Sample pic below. Code isn't finished yet
Attached Image
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,274
  • Nov 16, 2009 1:59pm Nov 16, 2009 1:59pm
Quoting scooby-doo
You may have to wait until Asia comes on-line and the BOJ intervene in its currency pairs for your current baskets to hit TP and close.

But, in the meantime you may hit your SL.
ok thnx scoobs
  • #2,275
  • Nov 16, 2009 2:09pm Nov 16, 2009 2:09pm
Quoting scooby-doo
USD will upset your trades.

Between 4.30pm GMT and 10.30pm GMT is considered a bad time to trade in the markets because US traders are basically in no man's land. London/Frankfurt are closed for the day and Asia is not open for sometime yet.

In my opinion the 24/5 robot should not look for trades during this time but again it is upto the individuals knowledge and experience.

Cheers

Scoobs.
Maybee any of the good coders in the thread can help with code so we can have the opurtunite to not trade this time

Elovv
  • #2,276
  • Nov 16, 2009 2:11pm Nov 16, 2009 2:11pm
Information

As a general rule you should not take any new trade's between 4.00pm GMT and 10.00pm GMT Monday to Thursday. On a Friday you should not be taking any new trade's after 12.00pm GMT.
  • #2,277
  • Nov 16, 2009 2:27pm Nov 16, 2009 2:27pm
are you sure about the Friday time caveat??
Vincit qui se vincit.
  • #2,278
  • Nov 16, 2009 2:28pm Nov 16, 2009 2:28pm
Quoting scooby-doo
Information

As a general rule you should not take any new trade's between 4.00pm GMT and 10.00pm GMT Monday to Thursday. On a Friday you should not be taking any new trade's after 12.00pm GMT.
The EA starts monitoring for trades an hour and a half before Tokyo open (9.30pm GMT). Should this be changed then to 1 hour before Tokyo open (10.00pm GMT) ??
  • #2,279
  • Nov 16, 2009 2:37pm Nov 16, 2009 2:37pm
helpful. http://www.forexmarkethours.com/GMT_hours/02/
Vincit qui se vincit.
  • #2,280
  • Nov 16, 2009 2:37pm Nov 16, 2009 2:37pm
Quoting Jezza
The EA starts monitoring for trades an hour and a half before Tokyo open (9.30pm GMT). Should this be changed then to 1 hour before Tokyo open (10pm GMT) ??
Mine starts at 22:30GMT, selling hour starts at 22:00 and trade monitoring starts 30 minutes later, 22:30GMT.

Cheers
Foggytrader
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